207: Doom Loops, Urban Renewal, and the Future of Downtown Real Estate

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207: Doom Loops, Urban Renewal, and the Future of Downtown Real Estate

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This episode focuses on doom loops in downtown real estate markets, particularly in St. Louis and Detroit. We discuss articles from the Wall Street Journal by Conrad Puget that highlight the contrasting urban renewal efforts in these cities. The narrative centers on how post-1950s 'white flight' and economic decisions have historically led to downtown decay in American cities, emphasizing how Detroit's downtown has seen a resurgence thanks to investments from affluent families and businesses. The episode also touches on the challenges and opportunities faced by urban retailers and the potential of suburban-style planning in revitalizing urban centers.

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